Re:Stripe can make automatic LLCs but a wire transfer from C...
by eru on Wednesday January 15, 2020 @03:38AM
(#22052619)
Mostly agreed!
> That’s the cost of you not having to worry about whether the money on your bank account will still be there tomorrow.
That's too high a cost. The eg Scottish banking system of the industrial revolution and the Canadian banking systems of the 19th century had this piece of mind in practice _and_ plenty of competition.
> That’s the cost of you not having to worry about whether the money on your bank account will still be there tomorrow.
That's too high a cost. The eg Scottish banking system of the industrial revolution and the Canadian banking systems of the 19th century had this piece of mind in practice _and_ plenty of competition.
See eg https://www.alt-m.org/2015/07/29/there-was-no-place-like-can...